Equifax Inc. (NYSE:EFX) Given Average Rating of “Buy” by Analysts
Shares of Equifax Inc. (NYSE:EFX) have earned an average rating of “Buy” from the eleven ratings firms that are covering the firm. Two research analysts have rated the stock with a hold recommendation and nine have issued a buy recommendation on the company. The average twelve-month price objective among brokers that have covered the stock in the last year is $140.11.
A number of research firms have commented on EFX. Zacks Investment Research raised shares of Equifax from a “hold” rating to a “buy” rating and set a $147.00 price target for the company in a research note on Tuesday, September 27th. Barclays PLC boosted their price target on shares of Equifax from $140.00 to $150.00 and gave the stock an “overweight” rating in a research note on Wednesday, September 21st. Jefferies Group boosted their price target on shares of Equifax from $128.00 to $131.00 and gave the stock a “hold” rating in a research note on Thursday, August 4th. JPMorgan Chase & Co. boosted their price objective on shares of Equifax from $133.00 to $155.00 and gave the stock an “overweight” rating in a report on Friday, July 29th. Finally, Deutsche Bank AG boosted their price objective on shares of Equifax from $125.00 to $145.00 and gave the stock a “buy” rating in a report on Friday, July 29th.
In other Equifax news, insider Paulino R. Barros sold 5,205 shares of the business’s stock in a transaction that occurred on Wednesday, August 31st. The stock was sold at an average price of $132.00, for a total value of $687,060.00. Following the completion of the transaction, the insider now directly owns 10,786 shares of the company’s stock, valued at $1,423,752. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider J Dann Adams sold 4,422 shares of the business’s stock in a transaction that occurred on Friday, July 29th. The shares were sold at an average price of $134.00, for a total value of $592,548.00. Following the completion of the transaction, the insider now directly owns 57,804 shares of the company’s stock, valued at $7,745,736. The disclosure for this sale can be found here. 2.01% of the stock is owned by company insiders.
Hedge funds and other institutional investors have recently made changes to their positions in the stock. Norman Fields Gottscho Capital Management LLC bought a new position in shares of Equifax during the third quarter worth about $606,000. Park National Corp OH increased its position in shares of Equifax by 9.3% in the third quarter. Park National Corp OH now owns 2,481 shares of the company’s stock worth $334,000 after buying an additional 211 shares during the last quarter. Evercore Wealth Management LLC increased its position in shares of Equifax by 11.3% in the second quarter. Evercore Wealth Management LLC now owns 1,918 shares of the company’s stock worth $246,000 after buying an additional 194 shares during the last quarter. Kentucky Retirement Systems Insurance Trust Fund bought a new position in shares of Equifax during the second quarter worth about $617,000. Finally, Kentucky Retirement Systems bought a new position in shares of Equifax during the second quarter worth about $1,300,000. 88.64% of the stock is owned by institutional investors.
Equifax (NYSE:EFX) traded down 1.66% during midday trading on Friday, reaching $130.02. 162,797 shares of the company’s stock were exchanged. The firm has a 50-day moving average price of $132.58 and a 200 day moving average price of $126.21. The company has a market cap of $15.52 billion, a price-to-earnings ratio of 33.85 and a beta of 0.87. Equifax has a 12-month low of $91.72 and a 12-month high of $136.97.
Equifax (NYSE:EFX) last released its quarterly earnings results on Wednesday, July 27th. The company reported $1.43 EPS for the quarter, topping the Zacks’ consensus estimate of $1.36 by $0.07. Equifax had a net margin of 16.11% and a return on equity of 24.51%. The business earned $811.30 million during the quarter, compared to analysts’ expectations of $802.85 million. During the same quarter in the previous year, the company earned $1.15 EPS. The business’s quarterly revenue was up 19.6% compared to the same quarter last year. On average, analysts expect that Equifax will post ($0.47) EPS for the current fiscal year.
The business also recently declared a quarterly dividend, which was paid on Thursday, September 15th. Shareholders of record on Friday, August 19th were issued a $0.33 dividend. This represents a $1.32 dividend on an annualized basis and a yield of 1.00%. The ex-dividend date of this dividend was Wednesday, August 17th. Equifax’s payout ratio is presently 34.38%.
Equifax Company Profile
Equifax Inc is a provider of information solutions and human resources business process outsourcing services for businesses, governments and consumers. The Company operates through four segments: U.S. Information Solutions (USIS), International, Workforce Solutions and Personal Solutions. USIS provides consumer and commercial information solutions to businesses in the United States, including online information, decisioning technology solutions, fraud and identity management services, portfolio management services, mortgage reporting and financial marketing services.
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